Additional Depreciation
This query is : Resolved
08 March 2008
When we purchases Plant & machinery we are applicable for 20% additional depreciation in the year of puut to use but when we use the same less then 180 days this plant & machinery then we can claim only half i.e. 10% additional depreciation in the year of procurement.
Can we avail the balance 10% Additional Depreciation in the next Year?
Can we avail the balance 10% Additional Depreciation in the next Year?
08 March 2008
you wii not take depriciation in the next year this is only first year you will take enhance depriciation
10 March 2008
No. additional deprecaition cannot be claimed next year.
12 March 2008
no you can not
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